Key Indicator Suggests Bitcoin Price Could Enter Renewed Bullish Phase as Analyst Eyes $120,000 Mark

The price of the flagship cryptocurrency Bitcoin surpassed its 200-day simple moving average (SMA) in October and entered bullish territory, before making a new all-time high above $73,500 last month. The 200-day SMA serves as a key indicator of long-term trends, and its current rapid rise signifies strong bullish momentum. Notably, the indicator is on […]

Solana ($SOL) Price ‘Gearing Up for Violent Breakout,’ Says Analyst Who Nailed 2018 Market Bottom

A popular cryptocurrency analyst known in the space for accurately predicting the cryptocurrency market bottom during the 2018 bear market has recently said the price of Solana ($SOL) is “gearing up for a violent breakout.” In a post shared on the microblogging platform X (formerly known as Twitter) with over 250,000 followers, the popular pseudonymous cryptocurrency analyst […]

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Cardano Price Analysis

Cardano (ADA/USD) Price Analysis – 6 July 2023

Introduction This report provides a technical analysis of Cardano (ADA) for 6 July 2023. The analysis includes an overview of the price and volume and a detailed examination of the daily and monthly technical indicators and moving averages. This report aims to provide traders and investors with insights into ADA’s short-term and long-term market trends. […]

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Bitcoin Ethereum

“Bitcoin Is No Longer ‘Cheap’ and Is Considered To Be Trading at ‘Fair’ Value”: Fidelity Digital Assets Report

On April 22, Fidelity Digital Assets released its Q1 2024 Signals Report, providing valuable insights into the performance and dynamics of the two largest cryptocurrencies, Bitcoin and Ethereum. The report highlights the significant impact of Bitcoin’s 2024 halving and Ethereum’s Deneb-Cancun upgrade on their respective networks and the broader cryptocurrency market. According to the report, […]